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Regulation

China’s Hainan clamps down on digital currency businesses
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23 May, 2020

China’s Hainan clamps down on digital currency businesses

The Chinese province requires businesses not to engage in activities deemed illegal, including issuing tokens and offering digital currency exchange.
Myanmar central bank confirms digital currency ban amid rising demand
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23 May, 2020

Myanmar central bank confirms digital currency ban amid rising demand

Myanmar’s central bank has made its anti-digital currencies stand known, banning them in the country. But the citizens believe it...
Iran’s new tough laws clamp down on digital currency exchanges
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21 May, 2020

Iran’s new tough laws clamp down on digital currency exchanges

Iran has clamped down on the digital currency industry even further, with new laws requiring that all digital currency exchanges...
South Korea fintech sandbox attracts $111M funding, creates 380 jobs
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20 May, 2020

South Korea fintech sandbox attracts $111M funding, creates 380 jobs

South Korea has revealed that its fintech sandbox has been a massive success, with $111 million worth of investment attracted...
Vietnam forms group for digital currency policy research
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17 May, 2020

Vietnam forms group for digital currency policy research

The nine-member group is in charge of exploring and formulating policies to manage digital currencies and virtual assets.
Digital currency firms in Ireland denied banking amid EU directive delays
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15 May, 2020

Digital currency firms in Ireland denied banking amid EU directive delays

AIB said its concerns stem from a delay in importing the Fifth Anti-Money Laundering Directive (5AMLD) into domestic law.
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